Why Inflation Rose and Fell: Policymakers' Beliefs and US Postwar Stabilization Policy
收藏NBER2005-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11147
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资源简介：
This paper provides an explanation for the run-up of U.S. inflation in the 1960s and 1970s and the sharp disinflation in the early 1980s, which standard macroeconomic models have difficulties in addressing. I present a model in which rational policymakers learn about the behavior of the economy in
提供机构：
美国国家经济研究局
创建时间：
2005-02-01
